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AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa

The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […]

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Saudi Arabia Issues Tender for 1.515 GW Solar Capacity

The deadline for developers to express intention to participate in the procurement exercise is on February 14. Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has issued an expression of interest for the development and construction of seven new solar PV independent power producer  (IPP) projects with a combined potential capacity of 1.515 GW. The […]

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Inox Wind Receives LOI from Adani to Develop its 501.6 MW Wind Project

The project is scheduled to be executed over the next 15 months at Kutch District in the state of Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has received a Letter of Intent (LOI) from Adani Green Energy, a part of the Adani group and a leading Independent Power Producer (IPP) […]

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Construction of Dubai’s Largest Solar Park Goes into Fourth Phase

The fourth phase of the Park is the largest single-site investment project in Concentrated Solar Power (CSP) in the world based on the IPP mode. The Dubai Electricity and Water Authority has said that construction work on the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has advanced further with the completion […]

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Kerala Issues Tender for 200 MW Solar Project

The project is to be developed on Independent Power Producer (IPP) mode and the deadline for submission of the bid is February 1,2019. The Kerala State Electricity Board (KSEB) has recently issued a tender for the development of 200 MW of grid-connected solar photovoltaic (PV) projects in Kerala. The project is to be developed on […]

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Siemens Gamesa Bags 201 MW Wind Turbines Order from Enel Russia

The scope of work includes supply, installation and commissioning of 57 Siemens Gamesa 3.X platform turbines at the Kola wind farm. Siemens Gamesa Renewable Energy has announced that it has bagged its second order in Russia from Enel Russia, one of the country’s independent power producer, for the supply of 201 MW of wind turbines. […]

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NTPC Touches 5 Trillion MW of electricity generation

With multiple tenders issued across different genre, company has projects of over 20,000 MW under construction at multiple locations in the country. One of the India’s largest energy producers, National Thermal Power Corporation (NTPC) has achieved a milestone of generating 5 trillion units as on November 30,, 2019 using its power infrastructure spread across the […]

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AfDB Approves ZAR 3Bn for 100MW Solar Project in SA

The solar power project, which is located in the Humansrus Solar Park, Northern Cape Province of SA, is expected to generate 466 GWh/year. African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Project, which is expected to boost South Africa’s (SA’s) energy mix and hasten transition to renewable energy. […]

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JinkoSolar Ranked Top Brand for Debt-Financed Projects by BNEF

Among 57 module brands, JinkoSolar stood out as the top contender on parameters such as product quality, long term reliability, field deployment performance etc,. JinkoSolar has been ranked as the top solar brand used in Debt-Financed Projects and has also been named as the most “bankable” PV manufacturer by Bloomberg New Energy Finance (BNEF). Among […]

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